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ID127727
Title ProperAnother peace dividend for the defence industry
LanguageENG
AuthorOliver, David
Publication2014.
Summary / Abstract (Note)In the past three years, NATO countries have cut $120 billion from their combined defence budgets, and they are set to fall further in the next decade. In the US, the Budget Control Act will, by 2021, cut US government spending by $1 trillion much of which will come from defence cuts. US Defence Secretary, Chuck Hagel, said in 2013 that one of the least drastic ways of reaching cuts needed by the sequester would see up to 70,000 less active personnel in the US Army and up to 65,000 less in army reserves. The US Air Force could lose some 25,000 personnel because of sequester, along with 550 aircraft, according to USAF Secretary Eric Fanning.
`In' analytical NoteIndian Defence Review Vol. 29, No.1; Jan-Mar 2014: p.12-20
Journal SourceIndian Defence Review Vol. 29, No.1; Jan-Mar 2014: p.12-20
Key WordsNATO ;  Defence Budgets ;  United States ;  Chuck Hagel ;  US Air Force ;  US Army ;  Defence Industry